On the cusp of AI, Nvidia's stock price has risen at an alarming rate, more than quadrupling in the past year. However, amid this craze,Shares of Nvidia partner AMD have soared more than 12-fold in the past 12 months.Even more impressive than NVIDIA's performance.
Previously, AMD was just an unknown server manufacturer.But now it has become the preferred partner for enterprises and government agencies chasing the AI wave.
Not only that,The company will also be officially included in the S&P 500 Index.Super Micro Computer will be expected to become the index's best-performing company for the year.
AMD was founded in Silicon Valley in 1993.Founder Liang Jianhou and Huang Renxun have had a decades-long friendship.Moreover, AMD and NVIDIA's headquarters are only 15 minutes' drive apart, which greatly facilitates the cooperation between the two parties.
Liang Jianhou said that the reason Super Micro Computer can stand out in the fierce market competition is due to its large inventory scale of more than 1 billion US dollars.
Even when Nvidia's most advanced artificial intelligence chips are in short supply and in chronic shortage,Supermicro computers also ensure stable supply.
The latest financial report shows that AMD's AI-facing server sales accounted for more than half of the company's total sales of nearly US$3.7 billion. In comparison, Dell and HPE's similar server shipments were US$800 million and more than US$400 million respectively.